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Sep 13, 2013
09/13
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up 5% over the last year versus apple which is down 30% over the same time. >> and speaking of apple, preorders on the new iphone start today. the new one called the iphone 5c. john fortt welcome you the c is for color not cheaper because many people saying it is simply not cheap enough. how is the early recognition of demand looking if we have one? >> tough to tell, but the first model to sell out brian, the yellow 16 gigabyte model. we don't know yet how many of these apple has in stock. it's hard to know if that's good or bad. we can't get a great gauge of supply/demand balance. what we do know in hong kong there's already a wait for certain iphone shipping. in the u.s. seems like all carriers still have stock of all colors. now i did calling around, carriers expect the real game day for them on the iphone to be next friday. that's because this is the first time since the iphone's debut there are no preorders available for the flagship device. that means if you want the 5s the first day you have to wait in line somewhere. also the new trade-in programs at apple, wall street walmar
up 5% over the last year versus apple which is down 30% over the same time. >> and speaking of apple, preorders on the new iphone start today. the new one called the iphone 5c. john fortt welcome you the c is for color not cheaper because many people saying it is simply not cheap enough. how is the early recognition of demand looking if we have one? >> tough to tell, but the first model to sell out brian, the yellow 16 gigabyte model. we don't know yet how many of these apple has in...
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Nov 20, 2013
11/13
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apple will pay cupertino more in taxes. apple is already the single largest taxpayer in the city. last year apple generated 25 million dollars of profit tax revenue and bought $4.6 billion from over 700 local businesses. residents have concerns about construction noise and congestion. apple says it plans to widen streets and expects one third of its employees to take public transportation. apple isn't giving guidance on the price tag for the campus but estimates range from 3 to 5 billion. sue, back to you. >> wow. that looks fantastic. thanks so much. >>> all right. all this week we are measuring the crisis in america's cities. by finances both large and small, and a lot of them are in critical condition. today, cnbc's scott cohen is in miami for us. hi, scott. >> hi, sue. baseball's miami marlins threatened to leave if the taxpayers didn't help them build a stadium. is that appropriate at a time when budgets are tight everywhere? we'll look into that and why the securities and exchange commission is taking some interest in this. that's next on "power lunch." ♪ [ engine revs ] â
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Apr 18, 2013
04/13
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apple did fall below that $400 mark. it did knock down stocks across the globe, particularly in asia. its suppliers and tech stocks generally seen as exposed to the country's weakness after it was warned that revenue for that cup wasn't going to be that strong thanks to its one big customer, i.e., apple. >>> the ftse cnbc global 300 just a little lower on the day. we'll look at european markets for that. we are rebounding a little bit after yesterday's weak session. the xetra dax downing 0.6%. that's about a quarter of the move that we saw yesterday. indeed, eegan jones did come out and downgrade moody's in its annual statement reiterating the outlook for that country. the ftse 100, ftse mib are adding better than 0.8% for italy which is going through the process of selecting its next president. there is hope that at least this will help keep the country on track. moving to the bond's space span was just out with an auction. we saw healthy demand, low themes continue for the economy generally speaking in that it hasn't h
apple did fall below that $400 mark. it did knock down stocks across the globe, particularly in asia. its suppliers and tech stocks generally seen as exposed to the country's weakness after it was warned that revenue for that cup wasn't going to be that strong thanks to its one big customer, i.e., apple. >>> the ftse cnbc global 300 just a little lower on the day. we'll look at european markets for that. we are rebounding a little bit after yesterday's weak session. the xetra dax...
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Sep 20, 2013
09/13
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apple fever is in full force today. the new iphone 5 hits the stores. will apple meet targets? live at apple stores from new york city all the way out to the west coast in california. with that. and silicon valley's zen master will join us today. this is the guy that the tech giants like google turn to when it wants to boost productivity and innovation and spark creativity in workers. you're going to meet him, down at the nyse today. that's going to be an interesting segment. are you channeling your inner trader, ty? >> i am in a zen state of mind, sue. and stocks unfortunately are not in a zen state of mind, down about 73 points right now on the dow, the s&p 500 is off about 5 and the nasdaq is down just fractionally. think about the week we have just gone through. it began with the removal of larry summers as a leading candidate to be the fed chief. then the tragic shooting in washington. the nontaper day on wednesday. and now, votes in washington about defunding obama care and continuing resolution. there's a lot for investors to mull. >> the first week with a lot of unsirts
apple fever is in full force today. the new iphone 5 hits the stores. will apple meet targets? live at apple stores from new york city all the way out to the west coast in california. with that. and silicon valley's zen master will join us today. this is the guy that the tech giants like google turn to when it wants to boost productivity and innovation and spark creativity in workers. you're going to meet him, down at the nyse today. that's going to be an interesting segment. are you channeling...
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Jul 23, 2013
07/13
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>>> sun shines on apple for a day. i like to say there's always a bull market somewhere, i promise to try to find it for you right here >>> president obama will make a key economic speech tomorrow. so will it be pro growth or tax the rich? are we talking tax reform or regulatory avalanche? new information in the irs scandal my finally show the policy directed against conservative groups came right from the top. has this story jumped the fence into the white house? and his holiness, pope francis, makes a major economic statement in brazil about the sanctity of work. amen. it turns out he's just as worried about youth unemployment and the dying tradition of working for a living as we're are. all those stories and much more coming up on "the kudlow report," beginning right now. >>> first up tonight, president obama kicks off his three-speech tour on jobs and the economy tomorrow at knox college in illinois. will the president put forward a pro growth plan for tax reform or more of the same, higher taxes, failed health car
>>> sun shines on apple for a day. i like to say there's always a bull market somewhere, i promise to try to find it for you right here >>> president obama will make a key economic speech tomorrow. so will it be pro growth or tax the rich? are we talking tax reform or regulatory avalanche? new information in the irs scandal my finally show the policy directed against conservative groups came right from the top. has this story jumped the fence into the white house? and his...
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Apr 18, 2013
04/13
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apples to apples comparison, melissa. the big theme park companies that are comparable are really subsidiaries of disney or in the case of, you know, universal, of course, subsidiary of comcast. so there's really not a direct comparable. the closest would be like you said six flags and cedar fair. compared to them, the valuation is a little bit rich. you do have to adjust, of course, for the debt as jean said, there is this 1.8 billion in debt. we did hear about that price about 20 minutes ago, at $27. we understand it could have sold more. but they really do want this thing to pop. blackstone has an interest, of course, in selling additional shares at a high price and the follow on offering and they do have to liquidate their shares over time. >> the bottom line is that you don't recommend it. why do you think there's such a strong investor appetite for this one given the uncertainty in the economy? is it a dearth of similar offerings like this? >> yes, what we're hearing essentially, in this case, it's actually a retail
apples to apples comparison, melissa. the big theme park companies that are comparable are really subsidiaries of disney or in the case of, you know, universal, of course, subsidiary of comcast. so there's really not a direct comparable. the closest would be like you said six flags and cedar fair. compared to them, the valuation is a little bit rich. you do have to adjust, of course, for the debt as jean said, there is this 1.8 billion in debt. we did hear about that price about 20 minutes ago,...
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Jan 25, 2013
01/13
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net profit up 7% apples it apples. was it gutsy for cook to revamp 80% in single quarter and put all those costs on the balance sheet? absolutely. apple of course saying it would have been more after risk too move too slowly. reality check, let's look at paint. how much value has been lost here in $246 billion in market cap since september peak. we just broke through 52-week low today. what can you buy with that? how about general electric. ten yahoo!s, i'm not sure if you would want ten yahoos. what is interesting to me is this, if you believe apple is crushed for the long-term, that the heart of the stock, from what i can see, we will see the truth in a year one way or another. average selling prices on the iphone haven't come down much at all. if apple sells the iphone 5 design for a year and a half, and history suggests they might do that, margins might go up. but if sales are slowing, we will see that too. but tim cook wasn't hired to react it stock like this. the way he is compensated, he is hired to play the lon
net profit up 7% apples it apples. was it gutsy for cook to revamp 80% in single quarter and put all those costs on the balance sheet? absolutely. apple of course saying it would have been more after risk too move too slowly. reality check, let's look at paint. how much value has been lost here in $246 billion in market cap since september peak. we just broke through 52-week low today. what can you buy with that? how about general electric. ten yahoo!s, i'm not sure if you would want ten...
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Sep 25, 2013
09/13
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amazon sending a shot across apple's bow. will its kindle take a bite out of apple's dominance. two hours away from the race captivating america. how oracle may set sail on one
amazon sending a shot across apple's bow. will its kindle take a bite out of apple's dominance. two hours away from the race captivating america. how oracle may set sail on one
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Oct 30, 2013
10/13
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so, will something upset the apple cart? a star crew on board, pimco's bill gross and starting five minutes earlier than normal, 1:55 eastern time. apologies "power lunch" because we'll eat out five minutes of your time. join us top of the hour, 1:55 when it starts. back to you. >> it's worth it, mandy. we'll see you at 2:00. who is the richest person in your state? well, wealth x compiling the list and highlighting five of them. residents were determined by their businesses and their addresses. california's richest person, oracle founder larry ellison with $46.4 billion. texas, michael dell, with $16 billion. florida, mickey arison, the former ceo of carnival with $5.9 billion. new york's richest person, is the mayor, michael bloomberg with $21.4 billion. new jersey's hedge fund manager david tepper with $7.9 billion. to check out the entire list and your state, you can do it going to cnbc.com. ty? >> all right, sue. there are more than 7 billion n the planet but 72 actually rule the world according to "forbes" which publis
so, will something upset the apple cart? a star crew on board, pimco's bill gross and starting five minutes earlier than normal, 1:55 eastern time. apologies "power lunch" because we'll eat out five minutes of your time. join us top of the hour, 1:55 when it starts. back to you. >> it's worth it, mandy. we'll see you at 2:00. who is the richest person in your state? well, wealth x compiling the list and highlighting five of them. residents were determined by their businesses and...
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Apr 22, 2013
04/13
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i guess it will be apple tv. >> apple tv is a logical extension of the largest screen that the ipad was, and bringing apps to the tv environment what everyone is trying to do. >> but they have a tv product. i have one at home. $99. a little black pox. >> it's not the real tv. >> why buy a $2,000 actual physical television when for 99 bucks i convert my physical television. >> today it doesn't have the one thing that made the iphone take off, which is applications. it was at revolution that really took off, what people could do from a personal assistant, games, entertainment and a corporate standpoint. >> dan, do you hear any chatter out there? >> we heard about channel checks, things around. this is probably a year and a half ago, two years ago. is there anything you've heard that gives you any sense that there's something coming. >> so i attempt not to recommend stocks based on chatter. what i would invest in investing in apple is a track record, a team. phenomenal balance sheet. they spend a lot on r&d. you can't predict what the next will be. everyone said tablets will never work. no
i guess it will be apple tv. >> apple tv is a logical extension of the largest screen that the ipad was, and bringing apps to the tv environment what everyone is trying to do. >> but they have a tv product. i have one at home. $99. a little black pox. >> it's not the real tv. >> why buy a $2,000 actual physical television when for 99 bucks i convert my physical television. >> today it doesn't have the one thing that made the iphone take off, which is applications....
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Dec 16, 2013
12/13
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tim cook of apple, marissa mayor of yahoo, sheryl sandberg of facebook, randall stevenson of at&t and on and on. there's about a dozen or so ceos and top executives on this list. it's going to be a big high-power group at the white house tomorrow. >> i wonder to what extent the ruling today the nsa surveillance has potentially -- is unconstitutional will come up in conversation as well. >> obviously, that will be a big topic. of course, the judge in that case stayed his own ruling here, so the government has an opportunity to appeal there in terms of gathering metasddata o americans of their phone conversations overseas. that's one that will be ongoing. it boggles the mind you could have a single meeting with this number of principles and the president of the united states and touch on these two incredibly hot button, contentious topics of the health care rollout, nsa and edward snowden. very difficult topics. i would love to be a fly on the wall in that meeting tomorrow. >> or a drone. >> yeah. >>> coming up, the cnbc.com hot list. >>> plus, starbucks wants to put fizz on its balance
tim cook of apple, marissa mayor of yahoo, sheryl sandberg of facebook, randall stevenson of at&t and on and on. there's about a dozen or so ceos and top executives on this list. it's going to be a big high-power group at the white house tomorrow. >> i wonder to what extent the ruling today the nsa surveillance has potentially -- is unconstitutional will come up in conversation as well. >> obviously, that will be a big topic. of course, the judge in that case stayed his own...
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Apr 17, 2013
04/13
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let's start with apple making a new 52-week low, slipping at one point below 400 bucks. analysts saying one catalyst for today's sell-off, that weak revenue forecast from apple's supplier, sirius cirrus logic. and bank of america also in the red. worst day for that dow component this year. posting profits and revenue that disappointed the street. and we were watching copper today, the red metal settling at the lowest level from 2011. freeport mcmoran down hard. fairway, priced at 13, above the range, open at 18 on the nasdaq, ticker fwm, surging some 33% in today's session. american express, the global financial services firm reported after the bell, beat on the bottom line, missed on revenue stock following in the after-hours. also reporting, ebay, the world's biggest online market place. first quarter revenue just missed, beat on the bottom line. the issue for investor, revenue guidance. bill, back to you. >> all right, josh, thank you very much. take a good look at this number. 14,545 on the dow. because our next guest says the party's over, if the dow closes at that
let's start with apple making a new 52-week low, slipping at one point below 400 bucks. analysts saying one catalyst for today's sell-off, that weak revenue forecast from apple's supplier, sirius cirrus logic. and bank of america also in the red. worst day for that dow component this year. posting profits and revenue that disappointed the street. and we were watching copper today, the red metal settling at the lowest level from 2011. freeport mcmoran down hard. fairway, priced at 13, above the...
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Mar 15, 2013
03/13
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for the others to grow, they have to figure out some standout feature and the ball is in apple's court soy expect them to make some software changes with iowa 7 and with the look and feel of iphone 7, it won't stay the same, guys. >> the fact that apple is up today, because of the revelation about the s4 was not that groundbreaking showing that there was some relief in the apple camp. let's bring in marley ward who says that the event was in her words tone deaf and shockingly sexist. >> i admit it is looking like bad vaudeville, but nonetheless, why sexist and some of the other things that you are criticizing it for. >> bad vaudeville is an accurate portrayal, and my problem with this show in particular is that i know that samsung was trying to create a presentation that was humorous, and maybe satirical, and trying to create skits that would demonstrate is the features of the phone, but the problem is that satire and comedy is difficult to pull out, and especially with stereotyped women, especially talking about tech and women in america, it is bad form. >> we had a couple of individv
for the others to grow, they have to figure out some standout feature and the ball is in apple's court soy expect them to make some software changes with iowa 7 and with the look and feel of iphone 7, it won't stay the same, guys. >> the fact that apple is up today, because of the revelation about the s4 was not that groundbreaking showing that there was some relief in the apple camp. let's bring in marley ward who says that the event was in her words tone deaf and shockingly sexist....
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Mar 22, 2013
03/13
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. >>> how about them apples? last week, dan made a bullish bet on apple and his trade is already in the green. so, how can he shake out even more gains? find out, when "options action" returns. >>> time for pump up the volume. the names heating up options trader's sizzle indirection this week. when you wish upon a star, you get a multimillion dollar company specializing in theme parks, media networks and beyond. this week, the stock was magical after forbes reported that the company's flag ship franchise brought in $11 billion last year alone. so, options traders took a trip to the happiest place on earth, betting that this stock will make all their dreams come true. who is it? the answer, when "options action" returns. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td am
. >>> how about them apples? last week, dan made a bullish bet on apple and his trade is already in the green. so, how can he shake out even more gains? find out, when "options action" returns. >>> time for pump up the volume. the names heating up options trader's sizzle indirection this week. when you wish upon a star, you get a multimillion dollar company specializing in theme parks, media networks and beyond. this week, the stock was magical after forbes reported...
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Jul 8, 2013
07/13
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to apples. so you see that there was some delusion dilution in the stock anyway. what we do is concentrate on the things we can control that create shareholder value. that for us means building the value add business and we are really well under way, as i told you earlier. there are some exciting opportunities in the auto, aerospa aerospace, consumer electronics are some of those. and we come down on the upstream business, which we can't control the aluminum price, but we can control the price curve. we're coming down, curtailing the high costs, bringing saudi arabia online, the lowest cost facility on this planet. and on top, legacy issues like the one we are removing this quarter, or trying to remove this quarter. that's what we're doing and that's what all alcoas, all 61,000 are committed to, and you see there's very strong performance there. you see it in the operating numbers. you see it on the revenues. you see it on the bottom line, in the cash performance. >> every ceo i have ever -- >>
to apples. so you see that there was some delusion dilution in the stock anyway. what we do is concentrate on the things we can control that create shareholder value. that for us means building the value add business and we are really well under way, as i told you earlier. there are some exciting opportunities in the auto, aerospa aerospace, consumer electronics are some of those. and we come down on the upstream business, which we can't control the aluminum price, but we can control the price...
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Apr 18, 2013
04/13
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gene, why don't we start with apple. this has been an incredible run up and then an incredible drop. below $400. is this somewhere you saw the stock going? >> no way. this is -- we thought there was a floor at 450, so this is a lot lower than we thought it was going to go. >> and at this point, now that it has reached 400 at least in the intra day trade, does that worry you that there is still more room to decline or do you think at this point it's stabilized? >> we think there's an opportunity here. the street numbers still need to get reset. we're 10% below the street for the june quarter. i think once these estimates get reset, that's the point where investors are going to start to get interesting. the southside still hasn't taken those nebs down. that's the real challenge here. >> you thought 450 was the bottom at 455 or at -- when did you make that prediction sflp. >> yeah. it was about three weeks ago. we basically took our numbers down. >> so when it was at 750, you thought the bottom was 700. when it was 7 hup, y
gene, why don't we start with apple. this has been an incredible run up and then an incredible drop. below $400. is this somewhere you saw the stock going? >> no way. this is -- we thought there was a floor at 450, so this is a lot lower than we thought it was going to go. >> and at this point, now that it has reached 400 at least in the intra day trade, does that worry you that there is still more room to decline or do you think at this point it's stabilized? >> we think...
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May 20, 2013
05/13
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you want to know about apple. we'll take you live to a yahoo! event around that time in new york city, as well. but first, still to come on "the half," a hottest way to trade. up next, an industry insider reveals the three biggest trends. [ male announcer ] this is kevin. to prove to you that aleve is the better choice for him, he's agreed to give it up. that's today? [ male announcer ] we'll be with him all day as he goes back to taking tylenol. that was okay, but after lunch my knee started to hurt again, and now i gotta take more pills. ♪ yup another pill stop. can i get my aleve back yet? ♪ for my pain, i want my aleve. ♪ [ male announcer ] this may, buy aleve and help those in need. ♪ lets you talk face-to-face and share whatever's on your screen. blackberry z10 with bbm video. built to keep you moving. see it in action at blackberry.com/z10 it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to
you want to know about apple. we'll take you live to a yahoo! event around that time in new york city, as well. but first, still to come on "the half," a hottest way to trade. up next, an industry insider reveals the three biggest trends. [ male announcer ] this is kevin. to prove to you that aleve is the better choice for him, he's agreed to give it up. that's today? [ male announcer ] we'll be with him all day as he goes back to taking tylenol. that was okay, but after lunch my knee...
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Apr 9, 2013
04/13
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first apple now google rolling over? why is the sector missing out on the rally. >>> sprinting higher, we are dialing up the debate on this high-flying stock up more than 100% in a year. which side should you be on? but first our top story, reassessing the rally. just when you thought a correction could be in the cards. stocks continue to try to push higher so just how long can the rally really last? and what, if anything, can stop it? we are trading the action with pete and john, mike murphy, pete, how long is it going to last? >> what i like is coming out of the first quarter, volatility index, even though it seemed like most of the folks on the media side were gating bearish on the market, we had moves to the downside and rallied all the way back off the lows. we never saw that spike in the volatility we talk about all the time. one close over the 200-day moving average. when you talk about the markets, the indicators we are watching, everything we're looking at, financials seem to look at the volatility. until we see
first apple now google rolling over? why is the sector missing out on the rally. >>> sprinting higher, we are dialing up the debate on this high-flying stock up more than 100% in a year. which side should you be on? but first our top story, reassessing the rally. just when you thought a correction could be in the cards. stocks continue to try to push higher so just how long can the rally really last? and what, if anything, can stop it? we are trading the action with pete and john, mike...
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Mar 23, 2013
03/13
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. >>> how about them apples? last week, dan made a bullish bet on apple and his trade is already in the green. so, how can he shake out even more gains? find out, when "options action" returns. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> welcome back to options actions at our new time. on "options action" you don't have to be a genius to make money. you just have to risk less so you can make more and that's just what dan did with his bullish bet on apple. dan thought apple shares were
. >>> how about them apples? last week, dan made a bullish bet on apple and his trade is already in the green. so, how can he shake out even more gains? find out, when "options action" returns. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on...
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Jul 10, 2013
07/13
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they have been hit by google, hit by apple. in the face of that, the stocks just kept climbing and climbing up through $20 a share. >> stocks up 100% to date. >> it's the shareholder base. eighth skittish momentum retail-driven shareholder base, you hear some news the stock starts to trade down, then it gets piled on. momentum comes both ways. >> remember, '1 short interest. that's a big number right now. >> all right. coming up, playing the health care stocks on the being o. affordable care act delay. how are hedge funds playing the latest development? kate kelly has a preview and later coaches lag the market this year. but that all about to change? two of our traders are split. they're putting on their finest attire. they'll square off in a high class debate. we'll be right back. s guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fid
they have been hit by google, hit by apple. in the face of that, the stocks just kept climbing and climbing up through $20 a share. >> stocks up 100% to date. >> it's the shareholder base. eighth skittish momentum retail-driven shareholder base, you hear some news the stock starts to trade down, then it gets piled on. momentum comes both ways. >> remember, '1 short interest. that's a big number right now. >> all right. coming up, playing the health care stocks on the...
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Jan 10, 2013
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>> let's talk to david pearl who says apple will because they have to and another says if apple fails it would be a huge win for google's android. good to see you both. thanks so much for joining us. david, let me kick this off with you. one of the drawbacks or challenges of doing business in china is the fact that they rarely do you see a foreign company get any kind of ownership, right? it's all joint venture. certainly in certain industries such as banking, technology mixed. so are they really going to be able to make this work for them? >> well, they have so far with the number two and three carriers, but to really grow they need the dominant carrier which is china mobile, and really china will be their biggest market in a few years, and they need this outlet to get there. the stock is already being punished in essence for having slowing rate of growth and margins peaking, so i think in their position right now getting this deal is very, very important, even if the margins go down a little. the volume goes up a whole lot, and today's customers of even low-end iphones, should they
>> let's talk to david pearl who says apple will because they have to and another says if apple fails it would be a huge win for google's android. good to see you both. thanks so much for joining us. david, let me kick this off with you. one of the drawbacks or challenges of doing business in china is the fact that they rarely do you see a foreign company get any kind of ownership, right? it's all joint venture. certainly in certain industries such as banking, technology mixed. so are...
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Jun 3, 2013
06/13
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s&p was down a couple weeks ago and apple was up about 2.75. some say at the end of june, the stocks should be above 500 bucks. >> right. maybe it's -- when you had that interview with tony, tony said, you know, maybe you just sort of have to go through all the cluter and ask the central question, if you think it's alive, or tony you think it has outperformed. >> i like the performance. i thought his testimony was excellent. i know pete has mentioned that quite often. change still down 1% but still off the lows. let's take the lows off of pandora. apple inching closer to a new streaming music service for i tunes. give me the read here. stocks getting clobbered. >> you know, a lot of foeblgs. the most recent one was google when that announcement was made maybe five to ten days ago. people said it won't affect pandora. i don't know how it wouldn't. i think that's a great company but i think google with all the folks that use that it has got to be good here. >> not so fast stephanie. our traders are quick but they're not always right. welcome. wel
s&p was down a couple weeks ago and apple was up about 2.75. some say at the end of june, the stocks should be above 500 bucks. >> right. maybe it's -- when you had that interview with tony, tony said, you know, maybe you just sort of have to go through all the cluter and ask the central question, if you think it's alive, or tony you think it has outperformed. >> i like the performance. i thought his testimony was excellent. i know pete has mentioned that quite often. change...
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May 6, 2013
05/13
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how do you think about apple in terms of going from a growth story to value? >> i think it takes time. we like all the hot money out and, you know, we prefer to let it season along the bottom. >> let me just ask you quickly, if apple doesn't meet all of your characteristics, which ones is it missing? >> it doesn't have the dividend yield greater than the market right now. although i'm sorry, the most recent -- we look at the last 12 months. so the recent dividend yield is much better. but it's priced po book is still expensive. that's the dominant characteristic for this company long term. >> home depot, with know how that's benefited from housing. like it here? >> we do. it's been a do it yourself person driving up the stock and we're just starting to see the probe business come back in the most recent quarter. i think there's still a lot more to come. >> can you speak to the valuation of home depot? we love it, own it, it's rich at this level. >> we look at price to sales and dividend yield. it's right at the market but price to sales is less than the market
how do you think about apple in terms of going from a growth story to value? >> i think it takes time. we like all the hot money out and, you know, we prefer to let it season along the bottom. >> let me just ask you quickly, if apple doesn't meet all of your characteristics, which ones is it missing? >> it doesn't have the dividend yield greater than the market right now. although i'm sorry, the most recent -- we look at the last 12 months. so the recent dividend yield is much...
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Jan 23, 2013
01/13
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but first our top stories, waiting on apple. america's most valuable company reports earnings today after the close, and with shares down 30% from the highs, the stakes could not be higher. cnbc's jon fortt is live in silicon valley with the latest. jon? >> reporter: hey, scott. the main number to watch in this report is iphone sales. that's going to have the biggest influence on margins. if the iphone outperformed, it's also going to have an impact on revenue and ep s. take a look at some estimates out there for iphone sales. i think the street's consensus is between 46 million and 48 million units with some moving higher in recent days. for ipad sales consensus is around 23 million or 24 million units. here is the thing i keep coming back to. verizon's numbers yesterday, i know it's a fool's errand to extrapolate out to a global iphone, apple's penetration into verizon hit ridiculous levels last quarter. verizon activated more old iphones than total android phones. this debunks the idea that apple is getting less cool in devel
but first our top stories, waiting on apple. america's most valuable company reports earnings today after the close, and with shares down 30% from the highs, the stakes could not be higher. cnbc's jon fortt is live in silicon valley with the latest. jon? >> reporter: hey, scott. the main number to watch in this report is iphone sales. that's going to have the biggest influence on margins. if the iphone outperformed, it's also going to have an impact on revenue and ep s. take a look at...
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Jun 26, 2013
06/13
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let me check apple very quickly, mandy, because this may be the first time that apple has closed below $400 a share since april 22nd. so it disnd not participate. yes, $398. bulls make it 2 for 2 on the upside. josh lipton, another day on wall street to cheer. >> yeah, another day of green. the dow up triple digits. traders talking about two themes down here. one, the gdp print of 1.8%, perhaps more evidence that the fed tapering won't happen anytime soon. also, they're saying, it's not our central bankers, it's policymakers around the world, from china to europe, issuing calming words. the blue chips wrapping up 150. if you look at what worked in the benchmark gauge, really a mixed session. healthcare, consumer discretionary, utilities, industrials. so a mix there of defensive and cyclical or economically sensitive sectors. also, talk about commodity funds today. certainly gold finishing at a three-year low. the gdx, gold miners, down 50% in the past 12 months. silver miners, copper miners, and steel. the gold miners, specifically, abx, gfi, nem, and kgc, some of the names on our rada
let me check apple very quickly, mandy, because this may be the first time that apple has closed below $400 a share since april 22nd. so it disnd not participate. yes, $398. bulls make it 2 for 2 on the upside. josh lipton, another day on wall street to cheer. >> yeah, another day of green. the dow up triple digits. traders talking about two themes down here. one, the gdp print of 1.8%, perhaps more evidence that the fed tapering won't happen anytime soon. also, they're saying, it's not...
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Apr 1, 2013
04/13
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we think apple's not done. they've got a lot to look forward to. >> good to have you, zach, thanks so much. >> thank you. >> with the s&p closing at an all thoo-time high, should you profits or time to stock up? jackie deangelis is with us now. hi, jackie. >> another major milestone around the corner? let's talk futures now. anthony is at the nymex. two weeks away from earnings. is that going to be the catalyst that takes us to the all-time highs? >> i'd argue the earnings season could be the headwind that causes a correction in this market. most analysts i'm looking at right now say it's going to be a mixed bag. what i'm looking at right now, there's not a lot of headwinds between now and then to take the market higher. this morning we had a manufacturing number that wasn't good. the market still trades higher. as long as we have q.e. going for the next few weeks, i'm still a buyer of this market. >> jeff, you can see the multiple is lower than it was when the s&p made an all-time high back in 2007. does that
we think apple's not done. they've got a lot to look forward to. >> good to have you, zach, thanks so much. >> thank you. >> with the s&p closing at an all thoo-time high, should you profits or time to stock up? jackie deangelis is with us now. hi, jackie. >> another major milestone around the corner? let's talk futures now. anthony is at the nymex. two weeks away from earnings. is that going to be the catalyst that takes us to the all-time highs? >> i'd argue...
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Mar 26, 2013
03/13
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apple is down roughly 35% from its peak of 705 mid-year last year. we've owned apple for over a couple years now. our value has built steadily while we've owned it. and the stock price has fluctua fluctuated. when was stock was at 705, we reduced our weight in the company because the price had risen faster than the value. since that time, our value has continued to rise and the stock decli declined, again, 95%. we find it very attractive right now. >> hi. that seems to be one of your favorite names. stock tends to trade with global pmi. i know you're long term in nature, but how do you feel about the short term given that the unevenness that we've seen in the global pmi? >> yeah, you're absolutely right. parker hanifan we think is attractive for cyclical and secular reasons. on the cyclical side, they have had bumpy results as the global economy has slowed. that is beginning to improve. we're expecting their cyclical results to rebound pretty strongly. if not next quarter, certainly the quarter after that and looking into next year. and more importan
apple is down roughly 35% from its peak of 705 mid-year last year. we've owned apple for over a couple years now. our value has built steadily while we've owned it. and the stock price has fluctua fluctuated. when was stock was at 705, we reduced our weight in the company because the price had risen faster than the value. since that time, our value has continued to rise and the stock decli declined, again, 95%. we find it very attractive right now. >> hi. that seems to be one of your...
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Apr 2, 2013
04/13
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first of all, apple, ibm, or fire, but apple removed from the america's conviction shun list. they said the most recent product up cycle hasn't driven the market shag and new users growth we thought possible, and apple ma -- sew have temperature id. outright bearish on hewlett, though. overall here they downgraded hewlett-packard, bearish on pc trends. declines of 3.8% in pc unit shipments in 2013, a much lower number than previously, pricing will remain under pressure. and they're downgrading hewlett-packard to a sell. remember, apple is sitting essentially right near a 52-week low. better today, and there's apple for a year. remember, we were over $600 just over a year ago. the bottom line is the rally at the end of february, look at that, that was the better results. i think that was february 21st, stocks doing better, but down on the downgrade. >> bob, thank you very much. let's bring in tech analyst avi, as bob noted, hewlett-packard had a big of a decent run. but your note basically says the stock may be doing better for the wrong reasons. >> yeah, we've been negative on
first of all, apple, ibm, or fire, but apple removed from the america's conviction shun list. they said the most recent product up cycle hasn't driven the market shag and new users growth we thought possible, and apple ma -- sew have temperature id. outright bearish on hewlett, though. overall here they downgraded hewlett-packard, bearish on pc trends. declines of 3.8% in pc unit shipments in 2013, a much lower number than previously, pricing will remain under pressure. and they're downgrading...
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Aug 5, 2013
08/13
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you know, apple is not the same apple it was in 2000 or 2003 or 2007. a little bit more of a mature company, but generating tons of free cash flow, and i think the stock gets north of $500 sometime this year. >> 500. carter, can you tell from the charts where we might be headed? >> i think that and a little more. but 100% with that judgment. and importantly, the stock now has more sales and holds than it's had at any time in the last five years, so people have sort of given up on it. >> and talk about the cash levels, marc, for a second. what does that tell you in terms of the valuation here? what can we support? how high can prices get? >> i can see about $530 to be in line with its peer group. you know, one thing that carter mentioned, about sentiment, i wanted to touch on, too, because people have not come around to the apple story. everybody is waiting for the great next device. and i think we're a little bit past that. like i said, it's more of a mature company. and i think apple can easily just kind of run its business, still obviously needs to fe
you know, apple is not the same apple it was in 2000 or 2003 or 2007. a little bit more of a mature company, but generating tons of free cash flow, and i think the stock gets north of $500 sometime this year. >> 500. carter, can you tell from the charts where we might be headed? >> i think that and a little more. but 100% with that judgment. and importantly, the stock now has more sales and holds than it's had at any time in the last five years, so people have sort of given up on...
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Apr 29, 2013
04/13
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jay, apple's having a good day today. you always are looking for unusual activity, some of the options activity, what do you see? >> we love to see if they're opening up new positions. take a look at the 430 calls, all of which are above the open interest. you can have turnover, people buying and selling, but when you overcome that, judge, in all likelihood, we're seeing just an explosion as it blew through 427. it seems it's just lifting and will test those after hours highs last week before the tim cooke conference call knocked it back down. >> i guess the question has to be to the desk, if we didn't buy the stock yet, and we don't buy it soon, are you going to regret it big time down the road? >> i think potentially you could, yeah. i think absolutely. >> dividend hike, the buy back? >> using myself as an example though, i am gun shy after incorrectly trading the last couple of months to buy it. you place yourself in a position where your only option becomes an option and i think that will become the way that you play.
jay, apple's having a good day today. you always are looking for unusual activity, some of the options activity, what do you see? >> we love to see if they're opening up new positions. take a look at the 430 calls, all of which are above the open interest. you can have turnover, people buying and selling, but when you overcome that, judge, in all likelihood, we're seeing just an explosion as it blew through 427. it seems it's just lifting and will test those after hours highs last week...
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Sep 10, 2013
09/13
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no, apple. a big event at 1:00 p.m., minutes from now. we're live at apple's headquarters. see how the stock moves, right from the get-go, with this product announcement. a lot of stocks will be moving one way or another based on what happens with apple. a lot tied in to that ecosystem. >>> a big report on cnbc.com getting a lot of attention today. it says housing is already in a bubble. we'll talk about that, beginning at 1:00. meantime, scott, back to you and the fast team. >> all right, thank you so much. we'll look forward to that. >>> shares of target struggling to find momentum recently, but is the beaten-down retailer too cheap to ignore? weiss, make your case. >> yeah, it's too cheap to ignore. street estimates have come down by 10%. that's a major decline. expectations have come down more than 10%, and you are seeing a number of downgrades in reaction to the last quarter. here's the story. they're growing earnings now, it's been reset to a level they can definitely beat, at 20% this year to next year to the following year. so you've got three-year earnings' growth
no, apple. a big event at 1:00 p.m., minutes from now. we're live at apple's headquarters. see how the stock moves, right from the get-go, with this product announcement. a lot of stocks will be moving one way or another based on what happens with apple. a lot tied in to that ecosystem. >>> a big report on cnbc.com getting a lot of attention today. it says housing is already in a bubble. we'll talk about that, beginning at 1:00. meantime, scott, back to you and the fast team. >>...
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Feb 7, 2013
02/13
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hedge fund titan david einhorn suing apple. suing apple now to unlock the company's value. we will discuss what the tech giant should do with $140 billion cash horde problem. we should all have such problems. >> there you see it. big storm bearing down on the east. east bracing for a massive nor'easter. up to two feet expected in some areas. look at that. massachusetts, rhode island and so -- just give me the opportunity to be a weather man. i always wanted to do that. we will have the latest and tell you what it means for your travel planes. hey, sue. >> hi, ty. we have a sell off in markets. we are off of our lows of the trading session but still down 93 point on the do you jones industrial after 13,893 and change. nasdaq is down about 18 points, half a percent. s&p 500 just giving that 1500 level. we are down about 8.5 points on the trading session. bob pisani is on the the floor of the -- you know where we are. the nyse. that's down that away. >> what's up, bob? >> the important thing today is we had a weird open. then it was sort of like, everybody decided to sell righ
hedge fund titan david einhorn suing apple. suing apple now to unlock the company's value. we will discuss what the tech giant should do with $140 billion cash horde problem. we should all have such problems. >> there you see it. big storm bearing down on the east. east bracing for a massive nor'easter. up to two feet expected in some areas. look at that. massachusetts, rhode island and so -- just give me the opportunity to be a weather man. i always wanted to do that. we will have the...
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Oct 21, 2013
10/13
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you're getting it from google, from apple. if you would have told me that you've got google and apple exploding or in the case of google exploding, and the case of apple slow and steady but pushing up through 520 when it broke through 505, what that meant, second half story, it's certainly playing out that way in the case of apple and in terms of -- i would not want to get in the way of that, if you've got strong leadership, steph. >> i think certainly those names have done well. but it's more than that. look at ge, breaking out. that quarter was pretty okay. right? look at some of the banks, american express, morgan stanley, and i think if you can get the banks to lead us, that's a very good thing. >> look at jamie dimon with $13 billion worth of punitive fines, look how that stock has performed did you think that stock would be 54 bucks a share with that overhang? that's strong. >> a week ago talking about the $50 mark being kind of the line in the sand for jpmorgan. >> and it zbleld theld. >> the job is always hard. the job
you're getting it from google, from apple. if you would have told me that you've got google and apple exploding or in the case of google exploding, and the case of apple slow and steady but pushing up through 520 when it broke through 505, what that meant, second half story, it's certainly playing out that way in the case of apple and in terms of -- i would not want to get in the way of that, if you've got strong leadership, steph. >> i think certainly those names have done well. but it's...
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Dec 23, 2013
12/13
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that -- that doesn't sound like apple. >> it doesn't sound like apple. but in technology if you don't change, you go out of business. i'm sorry about blackberry. but if you don't change with constant disruptive technology, you're not going to last. and what's going to happen with apple, we'll continue for quarters. if it's not a hot product, everybody will start talking them and bringing them down and then the number gets into the 400 range. if they make a bold acquisition and start getting into other things, long term, evergreen business, that's where they have to be. >> don't you think they have enough cash cushion playing off what kelly was talking about, overseas cash cushion, i'm talking about, that they can play the game of going after more market share and not worry about profitability right away? >> you could do that maybe right away. that doesn't last forever. it happens real fast. people turn off on you real fast. we're talking the market there the android google has a huge play there. >> just real quick. what would be the downside if apple sai
that -- that doesn't sound like apple. >> it doesn't sound like apple. but in technology if you don't change, you go out of business. i'm sorry about blackberry. but if you don't change with constant disruptive technology, you're not going to last. and what's going to happen with apple, we'll continue for quarters. if it's not a hot product, everybody will start talking them and bringing them down and then the number gets into the 400 range. if they make a bold acquisition and start...
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Jun 3, 2013
06/13
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has apple really bottomed here? let's talk numbers on the technical side with carter worth, chief market technician with oppenheimer. and enis tanner. good afternoon to you both. carter, let's start with you. what do you see in the charts? >> it's constructive. the data action is impressive and the relative strength, meaning apple's holding up well in a period when the market's been choppy of late. what's key from the chart point of view, drops from a high of 705 to 385, down 55%, they've broken above a well defined down trend that's been in effect for the past year. as cited by the previous person, it is a minor head and shoulders bottom formation you can also see in the chart. either way it's about how much downside risk is there versus upside reward. asymmetrical. limited downside risk what we can see. plenty of upside potential. we like it. >> enis, do you see it the same way. >> i would say the risk/reward proposition for apple today is much, much better than the past six months. but i think the risk/reward pro
has apple really bottomed here? let's talk numbers on the technical side with carter worth, chief market technician with oppenheimer. and enis tanner. good afternoon to you both. carter, let's start with you. what do you see in the charts? >> it's constructive. the data action is impressive and the relative strength, meaning apple's holding up well in a period when the market's been choppy of late. what's key from the chart point of view, drops from a high of 705 to 385, down 55%, they've...
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Apr 2, 2013
04/13
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>> apple is going to come out with a new apple mini ipad. they're going to come out with a low-cost next version phone for developing markets. they will get over their t. hurdle in china. they got their knuckles wrapped last week because of the warranty versus the state-controlled two-year warranty. they exceeded, tim cook made a very unusual apology to the government. >> what about margins from these products that you're talking about? those are going to actually drag down margins and how does the stock react? >> margins will be hurt. and they're going to have to face the reality of competition that's going to be driving the prices of hardware down further and further. whoever it was who talked up samsung. why aren't they doing anything? where is their adr? i mean, that's a really, really smart company right snou. >> let me ask you about hewlett-packard which you like. >> yes. >> goldman sachs downgrading to sell today and they say sentiment moved ahead of reality. isn't that the case? >> i think hp is misunderstood. i'm looking at the big
>> apple is going to come out with a new apple mini ipad. they're going to come out with a low-cost next version phone for developing markets. they will get over their t. hurdle in china. they got their knuckles wrapped last week because of the warranty versus the state-controlled two-year warranty. they exceeded, tim cook made a very unusual apology to the government. >> what about margins from these products that you're talking about? those are going to actually drag down margins...
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Jan 24, 2013
01/13
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apple turned into $13.81. but guidance, he was hoping that the march quarter would come in above $45 billion. apple guided to $41 billion to $43 billion. here is the rub. apple said you know how in the past we would give conservative guidance, sandbag a number we knew we could beat? we're not doing that any more. now the range is something we believe we feel we will fall in. but $3 billion under what wall street wanted to hear and there's not much solace. we take a look at the quarter and see exactly how -- >> well, jon fortt trying to give us the latest take on what was happening with apple. apologies for that. we're going to take a quick and sort everything out. we'll have plenty more to come out of davos. next we'll hear what theeo of citigroup had to say. ♪ [ male announcer ] end your long week... with a weekend getaway. save up to forty percent on all weekend hotel stays. book by january thirty first at hiltonanyweekend.com. >>> all right. we continue the program here in davos, maria and i. for the brit
apple turned into $13.81. but guidance, he was hoping that the march quarter would come in above $45 billion. apple guided to $41 billion to $43 billion. here is the rub. apple said you know how in the past we would give conservative guidance, sandbag a number we knew we could beat? we're not doing that any more. now the range is something we believe we feel we will fall in. but $3 billion under what wall street wanted to hear and there's not much solace. we take a look at the quarter and see...
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Jul 22, 2013
07/13
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. >>> corporate news, apple's main website for developers was attacked. the company now saying that no customer information has been compromised, but they can't rule out stolen data on developers' names and addresses. as a result, apple is overhauling its database and server software to prevent future breaches. >>> good morning to you, mr. kernen. >> oh, good morning. good morning, andrew. >> good morning. >> i was up late watchle mickelson. >> right. i bet you were. >> but i recorded it because it was over early. i didn't talk to anyone, look at anything, go anywhere. >> you had no idea? >> no, i made sure i had no idea. i didn't look at twitter, didn't look at any of my -- i saw something from alerian. he's from san diego. i don't know what that means, but it was about the reds. it wasn't about phil. i watched it unfold. i almost started crying like his caddie, like bones. >>> now to the latest, someone else who might be crying, probably not, the latest on the government's action against steve cohen. on a scale of one to ten, this is like a 0.2. what ha
. >>> corporate news, apple's main website for developers was attacked. the company now saying that no customer information has been compromised, but they can't rule out stolen data on developers' names and addresses. as a result, apple is overhauling its database and server software to prevent future breaches. >>> good morning to you, mr. kernen. >> oh, good morning. good morning, andrew. >> good morning. >> i was up late watchle mickelson. >> right. i...
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Jan 9, 2013
01/13
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apple looking to make the iphone more affordable. we can also tell you earnings season is now under way. for a look at the news before the bell let's turn things over to courtney reagan live at cnbc world headquarters. courtney, good morning. >> good morning to you. futures are slightly higher this morning. that could be due to alcoa which had decent results to kick off earnings season. stocks fell as investors awaited the first set of numbers from the aluminum giant. the bulk of the reports will be rolling in next week. the dow fell 55 points yesterday to 13,328. the nasdaq losing seven points to po 91. apple is reportedly working on a cheaper iphone that could hit the market this year. the wall street journal says the device may use less expensive materials like a plastic shell. it could mark the first time apple diversified the smart phone line with a different model since it launched the first iphone in 2007. they are facing competition from samsung and other phones powered by android of the ware. if apple makes a less expensive
apple looking to make the iphone more affordable. we can also tell you earnings season is now under way. for a look at the news before the bell let's turn things over to courtney reagan live at cnbc world headquarters. courtney, good morning. >> good morning to you. futures are slightly higher this morning. that could be due to alcoa which had decent results to kick off earnings season. stocks fell as investors awaited the first set of numbers from the aluminum giant. the bulk of the...
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May 31, 2013
05/13
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what do you think of the apple share price at the moment? are we going to recover fully? >> they're coming under heat to basically their company and as a company they like to have surprises, new products that delight the market and create new markets at the same time. as they did with the ipad, for example. and they haven't really done that for the last year or so. we've sit iterations of the same product, no real surprises. from what tim cook has said, all things digital, it's not likely it's going to be a big reveal of a new product. so i think the stock price is going to remain as it is at the moment. >> i'm still waiting for a proper invention of wearing your mobile. >> yeah, well, there's a time of wearables in terms of watches. there's a number of companies that are in that field at the moment. and it's right for one of these big players to come in, sort of niche players at the moment. sony is one that has a smart watch in the market, but it's ripe for one of the big players, apple or others to come into this market. >> adam leach, thank you very much for coming. >>
what do you think of the apple share price at the moment? are we going to recover fully? >> they're coming under heat to basically their company and as a company they like to have surprises, new products that delight the market and create new markets at the same time. as they did with the ipad, for example. and they haven't really done that for the last year or so. we've sit iterations of the same product, no real surprises. from what tim cook has said, all things digital, it's not likely...
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May 21, 2013
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. >>> apple has real operations in real places with apple employees selling real products to real customers. we pay all the taxes we owe every single dollar. we don't stash money on some caribbean island. >>> that was apple ceo tim cook doing a pretty good job testifying in front of the senate today, and here's how senator mccain responded. >> it's completely out outrageo that apple has not only dodged full payment of its taxes but managed to evade paying taxes around the world through its con very lute and had pernicious strategies. >> oh, my goodness, i love him. he's an old friend, but john mccain has the story completely wrong. how about this? shouldn't congress spend some time reforming, flattening and simplifying the tax code instead of beating up on a great american company? all right, i'm joined by frank clementi, campaign manager for americans for tax fairness, and cnbc chief international correspondent, michelle caruso cabre cabrera. michelle, $14 billion behind exxon and paid all their taxes overseas. i don't understand this line of reasoning. i just don't get it. >> i thought se
. >>> apple has real operations in real places with apple employees selling real products to real customers. we pay all the taxes we owe every single dollar. we don't stash money on some caribbean island. >>> that was apple ceo tim cook doing a pretty good job testifying in front of the senate today, and here's how senator mccain responded. >> it's completely out outrageo that apple has not only dodged full payment of its taxes but managed to evade paying taxes around...
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Sep 5, 2013
09/13
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so apple will come up with a watch at some point in time but i will count on apple making it more stylish. but some some people to the punch but will say. lee >> reporter: pian, their shares are falling. >> their shares were rising day after day and recall time high and now they're appointed issues diluting percent tariff there is a professional facebook and a gain revenue on three levels sprit for them to issue these new shares on at all-time high is like apple by ninth apple possible point its genius and wise spirit every single day el wish that i own shares of linked end. >> reporter: >> if you short today them buy back in 10 days his stroke win in the last 12 years it's been a winner for you because market is bal aid of those last 12 years with it. she was a catholic schoolgirl that one snap smartest is occurred of reflection where a lot of people on wall street are working on wall street bet our reflecting and cutting down on technology in their lives. for russia shanna. some years it will work and some years in well. >> jacqueline: still hanging on to the '80s in a couple of places
so apple will come up with a watch at some point in time but i will count on apple making it more stylish. but some some people to the punch but will say. lee >> reporter: pian, their shares are falling. >> their shares were rising day after day and recall time high and now they're appointed issues diluting percent tariff there is a professional facebook and a gain revenue on three levels sprit for them to issue these new shares on at all-time high is like apple by ninth apple...
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Mar 13, 2013
03/13
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CNBC
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better than apple is. what do you do? >> i don't agree with that, but i think the problem is -- >> don't the facts bear that out? >> to a degree. however, as we've said for a long time on the show, and i continue to pound the table every day, and i see people talking about generational buys and this buy and that buy. this is a second-half story. they will start to be in a better competition, and innovative. but they've got to get the price right as far as the iphone -- >> are they coming out with a new phone sometime -- >> a lower-priced phone, absolutely. that's what we're going to be seeing is the lower-priced phone in the second half and carrier deals in the asian markets that have been a huge problem for them going forward. >> the play between samsung and apple has and will continue to be qualcomm. it's so obvious to me. qualcomm is returning massive amounts of cash to shareholders, they're investing in r&d at the same time. shipments are flying out the door. they win no matter which one. >> but that's
better than apple is. what do you do? >> i don't agree with that, but i think the problem is -- >> don't the facts bear that out? >> to a degree. however, as we've said for a long time on the show, and i continue to pound the table every day, and i see people talking about generational buys and this buy and that buy. this is a second-half story. they will start to be in a better competition, and innovative. but they've got to get the price right as far as the iphone --...
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Mar 5, 2013
03/13
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CNBC
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first up, apple. joe, trade? >> here we go, back to apple again. sometimes we make this way more complicated than it needs to be. we just had a conversation about jcpenney, go by gap, nice and simple, easy. apple i don't any part of it, too complicated, don't know the second half strategy. you're asking me to pick a bottom on a stock. i've tried to do it and been wrong. i don't want any part of it. >> wendy's. >> wendy's sets up good. they had good earnings, beat street estimates a few days ago. now they are really focusing on international growth. you look at the stock in the mid fives. if it gets above six, i think we've got legs. wendy's sets up nicely. >> dock, solar. >> solar, a play on something out there in the future. this is not ready for prime time. any of these rallies i think are made to be sold unless you know some legislation that's about to come out, i don't touch these stocks. >> weiss, tvh. >> a great story, great stock. they own brands and license brands for some of the best known including michael kors, izod, every segment of ret
first up, apple. joe, trade? >> here we go, back to apple again. sometimes we make this way more complicated than it needs to be. we just had a conversation about jcpenney, go by gap, nice and simple, easy. apple i don't any part of it, too complicated, don't know the second half strategy. you're asking me to pick a bottom on a stock. i've tried to do it and been wrong. i don't want any part of it. >> wendy's. >> wendy's sets up good. they had good earnings, beat street...
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Jan 24, 2013
01/13
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KRON
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also, apple tv.. this would be easy to interpret all of your apple products and itunes. more previous attempts have failed in the previous because of the complications. gabe slate tech report >> jacqueline: showers on the/office reticulated the radar. mainly light conditions showers on/off for the radar tomorrow, things are going to start to taper off. be dry wh harley cloudy conditions. temperatures in the 50s and 60s. 58 through san francisco. 60s through napa, and this 60s in san jose. a rain/snowfall mixture. some flurries possible and the rainfall will be the story because it is going to be too warm for snowfall. largely dry on the forecast future. the possibility for showers on a saturday, sunday and even on monday. temperatures cooling down this week. www.snowbomb.com so far, the resorts have not posted and the new snow. we could see that change, later but sierra at tahoe. and alpine meadows, 90. i could expect a couple of inches from overnight. if you'd like more information? www.snowbomb.com >> beyonce... perhaps she actually did sing it live. we will explain, n
also, apple tv.. this would be easy to interpret all of your apple products and itunes. more previous attempts have failed in the previous because of the complications. gabe slate tech report >> jacqueline: showers on the/office reticulated the radar. mainly light conditions showers on/off for the radar tomorrow, things are going to start to taper off. be dry wh harley cloudy conditions. temperatures in the 50s and 60s. 58 through san francisco. 60s through napa, and this 60s in san jose....
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Sep 24, 2013
09/13
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KPIX
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. >>> apple's new iphone launch was a record-breaker. shoppers snapped up 9 million of the 5s and 5c models since the release on friday. that's almost twice as many smartphones as the iphone 5's opening weekend last year. apple shares jumped 5% on the news. >>> if you did get the new iphone, handle with care. new durability tests show the 5s and 5c are more likely to break if you drop them than the previous iphone models. the company square trade tested four phones against several hazards such as dunking them in water and dropping them. the biggest loser was samsung's galaxy s4. and the phone that fared the best was google's moto x. >>> now for a look at what's ahead on the "cbs evening news with scott pelley." >> reporter: great to be with you in the bay area. as you have been reporting scores of shoppers have been killed in nairobi as terrorists continue to hold off security forces at a shopping mall. our charlie d'agata is on the scene at the mall. plus, we are going to show you how this same terrorist group recruits americans to its
. >>> apple's new iphone launch was a record-breaker. shoppers snapped up 9 million of the 5s and 5c models since the release on friday. that's almost twice as many smartphones as the iphone 5's opening weekend last year. apple shares jumped 5% on the news. >>> if you did get the new iphone, handle with care. new durability tests show the 5s and 5c are more likely to break if you drop them than the previous iphone models. the company square trade tested four phones against...
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Apr 4, 2013
04/13
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CNBC
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right now apple needs to hold its recent lows which are in the high 14s, around the 141 range. if it holds that you can see when this turns it can rally and rally hard up into the high 400s. but right now this type of movement on an upgrade today is just not a good sign. >> josh lipton is over at the market flash desk looking at what's happening inside the market. >> scott, check out jcpenney which is edging into the green year, bouncing off the lows of session. at one point this morning it did hit the lowest level since march 2009. we did see headlines about the edition of new home furnishings, apartments. we've known about that for a year. jcpenney edging higher. still down 27% this year. scott, back to you. >> josh, thank you. >>> murphy trading this one? >> i am. and very carefully. >> you are? >> i am. so we have a small long position in jcpenney. we discussed it about a week or so ago. >> small? >> a little bit more than that. but, you know, we have about a 10% of what would be normal position in the stock. the reason for it is, there's not a lot -- you look at the fundam
right now apple needs to hold its recent lows which are in the high 14s, around the 141 range. if it holds that you can see when this turns it can rally and rally hard up into the high 400s. but right now this type of movement on an upgrade today is just not a good sign. >> josh lipton is over at the market flash desk looking at what's happening inside the market. >> scott, check out jcpenney which is edging into the green year, bouncing off the lows of session. at one point this...
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Mar 17, 2013
03/13
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CNBC
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well, have you seen the price of an apple call? these products should make it more affordable for retail investors, yeah, moms and pops to bike stocks. eventually they'll be on names like apple, google, and amazon. they'll be on the spooi and d.o.g. they'll start trading next week. looking forward to it. what do you think, guys? >> i think there's going to be a lot of activity out of it. it's an affordable way for people to start trading options, and because of all that activity, i thichg there's going to be a lot of liquidity there. >> scott? >> i think mike is absolutely right. you've got to remember they cover ten shares instead of a hundred shares. with a name like google, you have to narrow it. >> by the way, very important news. other news we're watching out for. welcome to the show. time now for the final call. the last word from the options pit before we let you go to the weekend. scott, kick it out for us. >> i wish we could get that back. >> dan? >> the set europe upin apple ne could be tough. >> what about you, mike? >>
well, have you seen the price of an apple call? these products should make it more affordable for retail investors, yeah, moms and pops to bike stocks. eventually they'll be on names like apple, google, and amazon. they'll be on the spooi and d.o.g. they'll start trading next week. looking forward to it. what do you think, guys? >> i think there's going to be a lot of activity out of it. it's an affordable way for people to start trading options, and because of all that activity, i thichg...
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73
Jul 19, 2013
07/13
by
CNBC
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apple also has a vix to it. there's a vix apple and that's measures the price of options people are paying for apple and it also gives a gauge of fear. what happened in february, as apple was falling on each successive fall, we saw this negative correlation, but look here, folks. volatility rises steep in this last little plunge for apple and where people are doing is puking out their positions. over the next few months after that, this negative correlation stops and when apple reaches its peak of fear and panic in the marketplace, we see fear start to subside. apple makes about the same similar or low here, but volatility is cut by a third. meaning basically, option traders picking bottoms, trying to buy into the stock. that was the moment to start to get long apple. >> brian, what's a trade? >> basically, the stock's moved a little, but i like it. i'm buying a call spread, which gives me basically risk reward, better parameters of buying the stock. i buy the august 425 call. i've basically paid 950 and i have
apple also has a vix to it. there's a vix apple and that's measures the price of options people are paying for apple and it also gives a gauge of fear. what happened in february, as apple was falling on each successive fall, we saw this negative correlation, but look here, folks. volatility rises steep in this last little plunge for apple and where people are doing is puking out their positions. over the next few months after that, this negative correlation stops and when apple reaches its peak...